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In analyzing the S&P 500 and the XYZ Inc. in a five-year study, the covariance (S&P 500, XYZ Inc.) is 4,670.60. What kind of linear

In analyzing the S&P 500 and the XYZ Inc. in a five-year study, the covariance (S&P 500, XYZ Inc.) is 4,670.60. What kind of linear relationship does the S&P 500 and the XYZ Inc. have?

Multiple Choice

  • a negative linear relationship

  • a positive linear relationship

  • no linear relationship

  • a neutral linear relationship

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